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1. www.forbes.com › best-money-market-accountsBest Money Market Accounts May 2024: Up To 5.48% - Forbes

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   2 days ago · Here’s a list of the best money market accounts our experts have found, ordered from the highest to lowest annual percentage yield (APY). Best for Emergency Funds: First Internet Bank Money ...

2. www.fool.com › the-ascent › banksSallie Mae Money Market Account Review | The Motley Fool

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   6 days ago · Top perks. High APY: The 4.75% annual percentage yield (APY) on the Sallie Mae Money Market account is competitively high. No account minimums, no fees: Unlike some money market accounts, you don ...

   • 5/5

   • Brand: Sallie Mae

3. People also ask

   Are money market accounts a good investment?

   • Money market accounts are a great vehicle to use for pursuing both short-term and long-term savings goals. They allow you to separate specific money from your everyday bank account to save for the future. Money market accounts are an excellent bank account to use for: There’s no shortage of uses for a money market account.

   What Is A Money Market Account And How Does It Work?

   www.forbes.com/advisor/banking/money-market-account/what-is-a-money-market-account/

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   What makes a good money market account?

   • The best money market accounts have high APYs with no minimums, let alone ones requiring five figures. And it's not like the regular APY is slightly lower -- it's a miniscule. If you can't meet that requirement, definitely look for a different account. $10 monthly maintenance fee: We all hate account fees, so seeing one is always a red flag.

   U.S. Bank Elite Money Market Account Review | The Motley Fool

   www.fool.com/the-ascent/banks/us-bank-elite-money-market-account-review/

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   What APY is a good money market rate?

   • The specific APY that qualifies as a good money market rate depends on market trends at the time you’re looking for an account. Currently, the most competitive accounts offer APYs between 4.00% and 5.00% or higher. However, you might need to meet minimum balance or activity requirements to unlock the most competitive rates.

   Best Money Market Accounts April 2024: Up To 5.48% - Forbes

   www.forbes.com/advisor/banking/money-market-account/best-money-market-accounts/

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   What makes discover money market a good investment?

   • We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. A competitive APY: The biggest feature of the Discover® Money Market account that makes it worthwhile is the competitive APY (annual percentage yield).

   Discover® Money Market Account Review 2024 | The Motley Fool

   www.fool.com/the-ascent/banks/discover-money-market-account-review/

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4. smartasset.com › checking-account › are-money-marketAre Money Market Accounts Worth It? | SmartAsset

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   May 30, 2023 · At the same time, money market accounts averaged around 1.1% interest. That said, it’s important to understand that these are only averages. Some money market accounts can offer much higher interest rates than a standard savings account, with rates around 1.35% or even 1.5%. Others can offer less, with rates as low as 0.02% or 0.01%.

5. www.fool.com › the-ascent › banksDiscover® Money Market Account Review 2024 | The Motley Fool

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   6 days ago · Our money market account methodology. At The Motley Fool Ascent, we evaluate money market accounts based on four main criteria: annual percentage yield (APY), brand and reputation, fees and ...

   • 4.5/5

   • Brand: Discover® Bank

   • What is the difference between checking, savings, and money market accounts?

     A money market account essentially combines the best features of both checking and savings. You get the high interest rate of a savings account, pl...
   • Does the Discover Money Market account cost money?

     No, there are no account opening or monthly service fees with a Discover Money Market account.
   • Is a Discover Money Market account worth it?

     If you want a competitive APY and no fees, the Discover Money Market account can be worth opening. It doesn't have the highest rate we've seen, but...

6. www.fool.com › the-ascent › banksU.S. Bank Elite Money Market Account Review | The Motley Fool

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   6 days ago · Rate is valid for new money market clients who open an Elite Money Market Account. Both new and existing accounts open for less than 30 days qualify with an account balance of at least $25,000. Min.

   • Brand: U.S. Bank

7. www.nerdwallet.com › banking › money-market-accounts8 Best Money Market Accounts (up to 5.30%) - NerdWallet

   www.nerdwallet.com › banking › money-market-accounts

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   Apr 23, 2024 · Vio Bank Cornerstone Money Market Account: Best for Money Market Account, 5.30% APY. Sallie Mae Money Market Account: Best for Money Market Account, 4.65% APY. Ally Bank Money Market Account: Best ...

8. www.forbes.com › advisor › bankingWhat Is A Money Market Account And How Does It Work?

   www.forbes.com › advisor › banking

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   Mar 21, 2024 · Money market accounts are a great vehicle to use for pursuing both short-term and long-term savings goals. They allow you to separate specific money from your everyday bank account to save for the ...